Tesla may have no new car coming after all as report reveals plan to launch a stripped down Model Y 

• The entry level described at a value of $ 25,000 Timingand Popularly known as Model 2, it may not be built, and the broken investor hopes. Instead, future sales growth may have to come from a car without a steering wheel or pedals – Cybercab.

The largest puzzle surrounding the Tesla products on Thursday may have been raised, with news from China, indicating that there may be no 2 model after all.

Firstly I mentioned By local technology site 36kr And then certain by ReutersTesla develops a low -price version of the Y, which is best -selling with a sale of about 1.1 million units. This indicates that the hopes of a compact car at the entry level, and possibly hatchback instead of the sedan, will not pay off.

The “E41” car bearing the name of the car will start next year in Shanghai and will be at least 20 % cheaper for its production than the current model known as “Juniper” Reuters. Sources told that the matter may come early if the juniper disappointed 36kr.

Tesla did not respond to a requestluckTo comment.

Since many institutional investors have placed an EVS concrete sales on huge dreams in building human robots, the assumption of the main growth for many Tesla was entering a new slice, such as the compact car, where its total treated market can expand.

These hopes have continued greatly because Tesla was shy about the actual product road map since last April. “The plans of new vehicles, including the most affordable prices, remain on the right path to start production in the first half of 2025” are the most clear in their comments.

ELON Musk CEO remained that Embers of Hope was burning late last year when he promised in October that Tesla EV sales will flourish this year.

“With our low -cost cars, with the appearance of self -ruling, what looks like 20 to 30 percent growth next year is my best guess.”He said.

This was not repeated in the investor’s call in the fourth quarter in January. Officially Tesla aims only to increase sales. Analysts nowReduceTo reflect continuous provinces andThe lack of a convincing new product.

The growth story is in doubt

The low -cost car, which cost $ 25,000 in September 2020, has long been for many investors a greater strategic priority than Cybletruck, with annual sales estimated in millions.

No car maker has achieved such a feat. If Tesla is able to convert expensive medium -sized electric car into the most cars in the world, it has been trusted in building a smaller low -cost model that can penetrate the roof of the unit in one year.

But another assumed Spy photos What some believe is the model 2 came in early 2023, before a Reuters The last report in April, revealed plans for a low -cost car based on the next generation platform that you will share with Cybercab have been canceled.

The stocks ascended this news, but Musk was able to restore faith in Tesla growth The story was sound by saying that he had accelerated plans for a new model with reasonable prices for six months until the first half of this year.

“The presence of an ordinary model 25 kilos is meaningless”

However, he had never obtained more specifically. During the same invitation in October when Musk expected a growth of up to 30 % in 2025, he then suspended its importance may have been estimated at that time.

“The presence of an ordinary model 25 kilos is meaningless, it will be ridiculous, as it will be completely at full with what we believe in,”He said.

While it was interpreted as MUSK simply will not launch a new product that was very cheap so that it is not equipped with full self -driving devices, a AI’s conclusion computer known as AI4 (previously HW4).

Now it seems increasingly clear that explosive growth is that Tesla predictions will come from only one model: Cybercab. The silver lining is that Musk estimates that its sales may reach 2 million per year, or even 4 million.

But this is a little condolences for investors due to one major concern: Cybercab has no driving wheel or pedals. It requires a complete legal and regulatory frame in its place in order to sell it and operate it on public roads.

Tesla can not simply convert Cybercab to a car for sale by adding human controls, because the market for cars with doors that sits three people as a maximum. The car as designed and designed is Likley, which is financially viable, only as a robotics car.

This story was originally shown on Fortune.com